Bones McCoy wrote: ↑Wed Aug 03, 2022 11:51 am
Another "Classic Sunak" assistance scheme.
£400 energy payment: Fears landlords to keep renters' rebate
https://www.bbc.co.uk/news/business-62375576
In the 90s me and a mate shared a flat and the electricity was included in the rent but there was a gas meter which we had to top up with pound coins (remarkable this cash method was still in use as recent as 1997). This meant that the gas bill was in the landlord's name and therefore we never saw it, but the gas was obviously paid for directly by us. Under that method he would've got the £400 and it would've been complicated working out how much of it he would've owed us. There are going to be lots of landlords either unscrupulously keeping this £400 or just being deliberately slow in passing it on unfortunately.
I've just calculated the standing charge for my electricity now is 20% more per year than the TV licence. That's before you get to the electricity. Energy and fuel suppliers say the prices are going up because the price they pay to buy it has gone up, yet they still announce profits of hundreds of millions or even billions in the recent case of Shell. Something isn't adding up. Nationalise the whole lot and make it nonprofit making.